Clash of the Titans - Old vs New

I am looking forward to the new Clash of the Titans movie out next week. The trailer looks great and its looking like it might be a great epic movie. It reminded me of the original released in the 80's I enjoyed the original as a child and have actually bought it today at HMV and am watching it now. It was only £3 :) I wonder how many other people out there have seen the original and remember as fondly as I do? How do others feel about remakes of other movies? How do you feel about remakes in general which the cinema calendar seems thick with at the moment?